Tuesday, 25 January 2022

Tag Archives: Malik Riaz

Property tycoon Malik Riaz’s UK assets to be returned to Pakistan

LONDON: Pakistani property tycoon Malik Riaz has agreed to pay UK’s National Crime Agency (NCA) £190m in a settlement after eight UK bank accounts linked to him were frozen in August 2019. “The assets will be returned to the State of Pakistan,” the NCA said, referring to the settlement amount. ...

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First Hyatt-branded hotels now in Pakistan

ABU DHABI: Hyatt Hotels Corporation & Bahria Town, Asia’s largest real estate developer, signed an historic agreement in Abu Dhabi to develop four new signature resort properties across Pakistan. With an investment of over $600 million, these projects are set to revolutionise the hospitality industry of Pakistan and provide much ...

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